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Income Tax - Highlights / Catch Notes

Home Highlights May 2013 Year 2013 This

Tribunal was wrong in holding that if one profit level indicator ...

Case Laws     Income Tax

May 2, 2013

Tribunal was wrong in holding that if one profit level indicator of a comparable, out of a set of comparables, is lower than the profit level indicator taxpayer, then the transaction reported by the taxpayer is at an arm’s length price.- HC

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